Settings8H · net · $10k
Funding arb · Price arb /

NEAR

all NEAR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: dYdX against Variational Omni−0.540%7-day average −0.074% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−0.257%−$26 · spread now −0.540%, 7d avg −0.074%
Together, before fees−0.339%+ Points / potential airdropVariational Omni: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.467% cheaper against Variational Omni than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NEAR4.14440.0100pay 0.0100% / 8h2h 21m$7.7M$18.5M
ShortdYdX NEAR-USD4.12200get 0.0000% / 1h21m 08s$104K$54K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: −0.540% → −0.074%
−$46.66
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$77.66
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; dYdX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago3.92 bpdoesn't fit15.0 bp −$15035.4 bp −$3,541doesn't fit
Sell dYdX live order book, 3 min ago112.52 bp117.5 bp −$118127.8 bp −$1,278141.2 bp −$14.1K162.3 bp −$81.1K

NEAR on 45 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya NEARRUSDPERP−0.0171%1h4.1114−0.794%$2K20xas long as short
Coinbase International NEAR-PERP-INTX−0.0024%1h4.1220−0.539%$2.1M$12.6M50xas long as short
dYdX NEAR-USDshort0.0000%1h4.1220−0.540%$104K$54K10x
Kalshi KXNEARPERP0.0000%8h4.1188−0.617%$411K$19.0M2.2xas long as short
Deribit NEAR_USDC-PERPETUAL0.0000%1h4.1193−0.605%$1.8M$2.1M25xas long as short
gTrade (Gains Network) NEAR/USDL +0.0004% / S −0.0004%1h4.1165−0.671%$204K150xas long as short
Injective NEAR/USDC PERP+0.0033%1h4.1410−0.081%$578$302K12xas long as short
Popdex NEARUSDT+0.0096%1h4.1130−0.757%$108K$489K50xas long as short
Orderly PERP_NEAR_USDC+0.0100%8h4.1178−0.641%$53K$159K20xas long as short
Paradex NEAR-USD-PERP+0.0100%8h4.1178−0.642%$30K$64710xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NEARUSDT+0.0100%8h4.1158−0.690%$2.9M$5.9M50xas long as short
Pacifica NEAR+0.0100%1h4.1212−0.558%$365K$1.2M10xas long as short
Binance NEARUSDT+0.0100%8h4.1170−0.660%$234.4M$1.08B75xas long as short
Bybit NEARUSDT+0.0100%8h4.1150−0.708%$209.3M$428.3M75xas long as short
OKX NEAR-USDT-SWAP+0.0100%8h4.1150−0.708%$56.2M$274.9M50xas long as short
Bulk NEAR-USD+0.0100%1h4.1200−0.588%$235K$6K10xas long as short
Gate NEAR_USDT+0.0100%8h4.1155−0.696%$29.3M$58.2M75xas long as short
MEXC NEAR_USDT+0.0100%8h4.1180−0.636%$80.9M$144.1M200xas long as short
KuCoin NEARUSDTM+0.0100%8h4.1180−0.636%$55.6M$45.1M75xas long as short
Bitget NEARUSDT+0.0100%8h4.1154−0.699%$68.5M$127.2M75xas long as short
BingX NEAR-USDT+0.0100%8h4.1160−0.684%$136.6Mas long as short
Variational Omni NEARlong+0.0100%8h4.1444long leg$7.7M$18.5M
edgeX NEARUSDC+0.0100%4h4.1292−0.366%$235K$1.2M20xas long as short
GRVT NEAR_USDT_Perp+0.0100%8h4.1258−0.447%$1.4M$1.3M10xas long as short
ApeX Omni NEARUSDT+0.0100%1h4.1290−0.371%$181K$791K50xas long as short
Polymarket Perps NEAR-USD+0.0100%1h4.1149−0.711%$207K$3.1M10xas long as short
SunX NEAR-USDT+0.0100%8h4.1170−0.660%$1K$1.4M20xas long as short
SoDEX NEAR-USD+0.0100%1h4.1169−0.662%$5K$46K10xas long as short
Phemex NEARUSDT+0.0100%8h4.1190−0.612%$3.8M$8.4M50xas long as short
Extended NEAR-USD+0.0104%1h4.1151−0.705%$3.7M$14.6M25xas long as short
Aevo NEAR-PERP+0.0104%1h4.1165−0.673%$199K$65K3xas long as short
Arcus NEAR-USD+0.0118%1h4.1180−0.636%$305K$1.6M10xas long as short
Kraken Futures PF_NEARUSD+0.0151%1h4.1168−0.666%$7.0M$36.5M50xas long as short
01 Exchange NEARUSD+0.0208%1h4.1143−0.725%$12K$7K10xas long as short
BloFin NEAR-USDT+0.0220%8h4.1120−0.781%$12.3M$33.5M75xas long as short
Lighter RH NEAR+0.0296%1h4.1219−0.542%$1.4M$7.2M10xas long as short
Nado NEAR-PERP+0.0365%1h4.1115−0.793%$1.8M$3.6M10xas long as short
GMX NEAR/USD [ETH-USDC]L +0.0371% / S −0.0317%1h4.1171−0.657%$271K100xas long as short
RISEx NEAR/USDC+0.0569%1h4.1180−0.636%$411K$1.2M10xas long as short
Phoenix NEAR+0.0582%1h4.1304−0.337%$1.7M$2.8M10xas long as short
Backpack NEAR_USDC_PERP+0.0766%1h4.1216−0.549%$1.4M$5.7M20xas long as short
Lighter NEAR+0.0816%1h4.1227−0.523%$15.2M$23.0M15xas long as short
Hyperliquid NEAR+0.0961%1h4.1224−0.530%$346.0M$299.5M10xas long as short
Aftermath Perps NEARUSD+0.0998%1h4.1347−0.234%$5K$11K10xas long as short
HTX NEAR-USDT+0.1099%8h4.1230−0.515%$443K$3.7M75xas long as short